The Ants indicator is based on the research of David Ryan, three-time winner of the U.S. Investing Championship. David came up with the idea for the indicator while managing the New USA Growth Fund at William O’Neil + Company. David was interested to understand what drove some stocks higher once they were extended from their most recent base, while others had only...
For pivot levels, we use different definitions of the pivot point. In fact, there are three different methods to calculate the reference level using this method. For these pivot points, we set the variable x, the value of which depends on whether the open is higher or lower than the close. If the close is less than the open, x = H + 2L + C. If the close is...
Outline of Indicator: Purpose of this indicator? Main purpose of building this indicator is to help traders who refer Current Month Futures to look for the volumes while they trade on the Index chart, with some added analysis on the volumes. What it CAN DO? Traders rely on volume as a key metric because it lets them know the liquidity level of an asset, and how...
It is simply your traditional MFI , except that your 50 line became the actual price. Why and how could it be useful? This indicator helps to spot more easily and efficiently divergences . You could also use it for trend reversals as you usually do with your 50 line, but I would suggest to set a higher length for the MFI, like 155 or something like that.
This indicator plots volume for the index Nifty Pharma using data from it's constituent stocks. Code taken from @daytraderph 's script called Custom Volume.
Hello traders This is (( sirolf's ANN Indicator)) i updated it to (( No Repaint Version )) and it still have very good results The new in strategy : - 1 - The Indicatoris no repaint now in any time frame 2- Now Indicatorhave two time frames which make you control strategy in entry and exit positions and you can change it as you want . 3- I recommended so...
The market analysis dashboard allows you to view multiple markets simultaneously to make a quick and timely decision. You can add up to 6 markets per panel between Forex, Cryptos, Stocks, Futures, CFDs, Indices, and comparing their current state in any different timeframe in which you are currently, selecting it from its configuration. Below is the explanation of...
Plots perceived buy volume,sell volume, an sma of volume over the last x amount of bars, and an arrow when volume is above average.
Detect unusual activity with this script. This algorithm should detect significant events RELATIVE to the benchmark of your choice. The default is benchmark is QQQ. upcoming earnings should be visible dividend announcements news events relative to the stock possible reversals etc. The granularity of the algorithm changes with selected time-frame....
---DESCRIPTION--- How Indicator Work : --This Indicator is for scalping and also using confirmation when higher > highest time frame . --The main indicator in this strategy is built on movement high and low so this indicator is belong to the chart price and movement and you can make profit in any chart as you want --Indicator is working on higher...
Compressed Volume Levels closely analyzes peak volume along with price action to detect critical levels. The compression levels generated are often an early indication of possible tops, bottoms, or even a future support or resistance levels. Warning: Since this is a volume based indicator results will vary based on the asset and volume of the exchange. The...
I was always interested in volume indicators as well as market sentiment. While brainstorming, I came to the thought that people with gains vs people with losses can move a stock up or down. I don't want to debate the rational behind people buying and selling based on profits or losses, so this isnt a signaling indicator. However, I still wanted to have a way to...
Script changes the Time variable from a histogram to a line plot - easier to visualize crossovers and interactions with Volume variable
Candles are split into 10 categories based on their volume, and can be changed in the options. By default and in the images, white is very high volume, reds are high volume, yellows are medium volume, greens are low and dark-grey is very low. Adjustments for scale are included in the options. The Magnitude option is a 10x multiplier, so 1=10, 2=100, 3=1000, etc.,...
Simple Indicator which shows 5 customizeable Lines for the sessions opening price. I use it with New York Timezone. You can easily modify the code for the time, you can also add more sessions to it. I am no coder and have no idea why the indicator is showing all lines just under m10. I use it with m1 and m3 most of the time. If you know the answer, it would be...
Show the volume but in the pair of the crypto currency